Procare Solutions
“Can a child-care operations platform become the primary tuition-payments rail for the fragmented U.S. daycare industry?”
Founded1992
HQDenver, CO, USA
FoundersJeff Blum
Latest roundAcquired / PE-backed
IndustryVertical SaaS / Child Care
The story
Procare started in 1992 as a homegrown accounting spreadsheet for a single Denver daycare and grew into the dominant vertical SaaS platform for the U.S. child-care industry (40,000+ centers). The strategic pivot was expanding beyond center management into integrated tuition payment processing — becoming a registered ISO of PNC Bank rather than plugging in a third-party PSP — turning tuition flows into the primary monetization engine on top of software subscriptions.
Last 12 months
—
Product timeline
1992
Founded by Jeff Blum as child care accounting software after building a program for his son's daycare· founding
2018
Launched integrated proprietary payment processing for child care tuition· banking
2022
Acquired ChildPlus (Head Start management software)· acquisition
2025
Launched RoomRunner AI-assisted enrollment planning· product
Acquisitions
Regulated entities
1
regulatory licence held by Procare Solutions
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
5 layers disclosed in Procare Solutions’s embedded-finance stack
Payments / PSP
Procare Payments (self-operated ISO of PNC Bank)
Money movement
in the full report
Payroll
in the full report
Sponsor bank
in the full report
Accounting
in the full report
Accounting gap: minor
5 more providers across 4 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.